Vancouver, BC, Canada - Thursday, October 21, 2004 - Carmanah Technologies Corporation (TSX Venture: CMH), a leading manufacturer of solar-powered LED lighting and illumination, is pleased to announce its third quarter results for the nine months ended September 30, 2004 and 2003.

The National Automotive Center's participation in our programs, with their perspective of the challenging demands of military applications, adds a very important element to our work in demonstrating the technical viability, high performance capabilities and energy diversification benefits of hydrogen and fuel cell vehicle technology.

Astris Energi Inc. (OTCBB: ASRNF), the world's leading alkaline fuel cell (AFC) technology company, announced today that it will participate in the Global Chinese Financial Forum, Toronto Conference 2004 on October 15th and 16th at the Metro Toronto Convention Centre.

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The addition of energy storage to an existing or new utility-scale PV installation allows system owners and operators the opportunity to capture additional revenues. Traditional storage plus solar applications have involved the coupling of independent storage and PV inverters at an AC bus or the use of multi-input hybrid inverters. An alternative approach - coupling energy storage to PV arrays with a DC-to-DC converter - can help maximize production and profits for existing and new utility-scale installations. DC-Coupled Utility-Scale Solar Plus Storage leads to higher round-trip efficiencies and lower cost of integration with existing PV arrays and at the same time, opens up new revenue streams not possible with traditional AC-coupled storage, including clipping recapture and low voltage harvesting, while being eligible for valuable tax incentives.